Small-scale Technology Certificates (STCs): STCs are tradable certificates that can be created when a small-scale solar power system (up to 100 kilowatts) is installed. The number of STCs generated depends on the size of the system and the location. These certificates can be sold to electricity retailers or other entities who have an obligation to offset their carbon emissions.

April 3, 2024by Luke0

The purpose of STCs is to incentivize the installation of small-scale Solar power systems by providing a financial benefit to the system owner. This helps to promote the uptake of renewable energy and reduce greenhouse gas emissions.

STCs are created through the Small-scale Renewable Energy Scheme (SRES), which is a federal government initiative in Australia. The number of STCs that can be created for a particular Solar power system is determined by the Clean Energy Regulator, based on factors such as the location of the system, the size of the system, and the amount of renewable energy it is expected to generate over its lifetime.

Once STCs are created, they can be traded on the open market. Electricity retailers and other entities that have an obligation to offset their carbon emissions can purchase STCs to meet their obligations. This provides a financial incentive for the installation of small-scale Solar power systems and helps to support the growth of the renewable energy sector.

Overall, STCs play an important role in promoting the uptake of renewable energy and reducing greenhouse gas emissions. They provide a valuable source of income for system owners and help to drive the transition to a cleaner and more sustainable energy system.

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